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Tag: HNWI
AIA Singapore unveils wealth strategy
The increase in regional and domestic wealth prompts AIA Singapore to set up wealth centre.
Report: Asia leads wealth growth
Asia is expected to be the world’s second largest wealth hub by 2024, according to Knight Frank.
Slump in number of HK ultra rich
Ultra high net worth wealth fell for the first time in three years in 2018, and Hong Kong is no longer the city with the world’s largest population of UHNWI, according to a recent report.
Noah sees investors turn hesitant
US-listed Noah Holdings reported double-digit net revenue growth during the first half, but noted that investors are increasingly moving to the sidelines due to market volatility.
Indosuez WM has high hopes for DPM in Asia
Indosuez Wealth Management aims to increase its Asia discretionary business to reach the industry average, and volatile markets provide the backdrop to do so, according to Arjan de Boer, head of markets, investments and structuring in Asia.
StanChart poaches from DBS for senior roles
Standard Chartered Private Bank has made eight appointments to its Global South Asian Community (GSAC) team, which is responsible for advising the bank’s non-resident South Asian clients.
Report: Asia’s HNW expected to double by 2025
The assets of high net worth investors in Asia-Pacific are expected to reach $40trn by 2025 from about $18.8trn today, according to the Asia-Pacific Wealth Report by Capgemini.
Report: HNWIs stand out as EM investors
High net worth individuals globally accounted for the largest EM fund inflows among different investor types, according to an Evestment report.
SFC wants to widen definition of `professional investor’
Hong Kong’s Securities and Futures Commission is proposing to relax rules on determining whether a person is a HNW professional investor.
